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Stock impact report

Mercantile Bank Corporation Declares Regular Cash Dividend

Mercantile Bank Corporation (MBWM) 
Last mercantile bank corporation earnings: 4/21 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: mercbank.com/about
Company Research Source: PR Newswire
Board declares $0.33 regular quarterly cash dividend on common stock resulting in a current annual yield of approximately 4.6 percent GRAND RAPIDS, Mich., April 18, 2023 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that on April 13, 2023, its Board of Directors declared a regular quarterly cash dividend of $0.33 per common share, payable on June 14, 2023, to holders of record as of June 2, 2023."We are very pleased that our ongoing, robust financial performance permitted us to carry on our regular cash dividend program as we continue to face the challenges posed by uncertain economic conditions and a volatile interest rate environment," said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile.  "We remain committed to building shareholder value through meaningful cash returns and believe our strong financial position will allow us to continue to reward shareholders with competitive dividend yields and provide ample Show less Read more
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